Zimbabwe's Econet InfraCo focuses on solar power and AI fuel management

Details: John Tanner; Category: Energy & Sustainability; 22 July 2026; 1046 views

Zimbabwean infrastructure development and management firm Econet InfraCo revealed on Monday that it has been deploying solar-power systems and AI-powered fuel management solutions as well as new towers in its first quarter as a listed company.

Econet InfraCo was spun off by Econet Wireless in February to manage its national portfolio of telecom assets, and comprises business units for towers, power and real estate. In April it listed on Zimbabwe’s Victoria Falls Stock Exchange (VFEX), with its IPO valued at US$1 billion.

In its first post-IPO quarterly statement ending May 2026 – which was issued on Monday – Econet InfraCo said its TowerCo business strategically deployed 90 new base stations in the past quarter to drive revenue growth through a "capital-efficient colocation model". Econet said it is actively negotiating with new tenants for the sites.

Econet also said it expanded the use of AI to improve predictive generator maintenance, optimise fuel utilisation, and enhance infrastructure reliability.

“The phased rollout of our AI Fuel Manager has reduced energy consumption whilst improving availability and uptimes,” the company report said. “Our AI-enabled remote monitoring system (RMS) and tower digital twin initiatives have continued to advance, increasing our technology efficiency.”

Meanwhile, its PowerCo unit has been deploying solar power solutions for new and existing sites, although the company didn’t offer any metrics on this.

However, Econet InfraCo said that with diesel fuel costs rising as a result of the ongoing conflict in the Middle East between the US and Iran, its solar deployment programme has become a critical measure to ensure continued energy supply and operational resilience.

Econet InfraCo’s power business has also been developing its energy-as-a-service offering, including the commencement of Phase One of its 100MW solar farm, which is planned to supply clean, renewable energy to developments within Tech City, its flagship industrial park initiative in Harare under Econet’s PropertyCo division.

Econet InfraCo said it will publish detailed financial results as part of the half-year report for the period ending 31 August 2026, but added that its financial performance for the quarter “remains materially in line with projections, and that there have been no material changes to the company’s financial position since the publication of the pre-listing statement.”

The quarterly report also noted that Econet InfraCo has reinvested 17% of its generated revenue into funding capital projects. Its priorities for the remainder of the financial year include continued expansion of the tower portfolio and acceleration of the solar power programme.